New Zealand

Dollar Mired Near Two-Month Low; Kiwi Gains on RBNZ Surprise

The U.S. dollar was stuck near two-month lows on Wednesday as weak economic data bolstered views that the Federal Reserve is near the end of its tightening cycle, while the New Zealand dollar jumped after a larger-than expected interest rate hike. New Zealand’s central bank raised interest by 50 basis points (bps) to a more […]

Car Services Groups Warn of Unfair Competition as EU Data Plan Stalls

 (This March 31 story has been corrected to say Laurianne Krid is director general of FIA Region I, part of the Federation Internationale de l’Automobile (FIA), and not director general of the Federation Internationale de l’Automobile, in paragraph 8) Car services groups on Friday warned a stalled EU proposal to ensure fair access to valuable […]

GM Plans to Phase Out Apple Carplay in EVS, With Google’s Help

 General Motors plans to phase out widely-used Apple CarPlay and Android Auto technologies that allow drivers to bypass a vehicle’s infotainment systems, shifting instead to built-in infotainment systems developed with Google for future electric vehicles. Apple CarPlay and Android Auto systems allow users to mirror their smartphone screens in a vehicle’s dashboard display. GM’s decision […]

US, Partner Countries Call for Controls to Counter Misuse of Spyware

The United States and some of its partner countries on Thursday called for strict domestic and international controls to counter the proliferation and misuse of commercial spyware. The joint statement was issued by the governments of Australia, Canada, Costa Rica, Denmark, France, New Zealand, Norway, Sweden, Switzerland, the United Kingdom, and the United States. The […]

Tech Giants to Self-regulate in Reducing Harmful Content in New Zealand

Big tech companies agreed on Monday to reduce harmful online content in New Zealand, making a move that critics said dodged the alternative of government regulation. Meta Platforms Inc, Alphabet-owned Google, TikTok, Amazon.com Inc and Twitter had signed a code of practice, said Netsafe, a government-funded internet-safety group. The companies would follow the code as […]